Page Summary: Synchronised inflation outbreak around the world makes strong upmove for difficult to envisage. Risk-reward ratio favours midcaps over largecaps; keep an eye out on tech & metal stocks.
Trade Setup 8 April 2022 -
Synchronised inflation outbreak around the world makes strong upmove for difficult to envisage. Risk-reward ratio favours midcaps over largecaps; keep an eye out on tech & metal stocks. Gap area in at 16500-16370 will now be seen as immediate support for the index.
Important details found
- Synchronised inflation outbreak around the world makes strong upmove for difficult to envisage.
- Risk-reward ratio favours midcaps over largecaps; keep an eye out on tech & metal stocks.
- Gap area in at 16500-16370 will now be seen as immediate support for the index.
- Caution returns as Covid-19 cases rise and Trump trains his guns on WHO now.
- Risk-reward still not in favour of longs in banks; all eyes on MPC verdict.
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